Basic Information
Pros and Cons
Pros
- Regulated by SFC
- Various trading products
- Multiple trading platforms
- Long operational history
- Live chat support
Cons
- Does not accept third-party or cash deposits
- Unclear fee information
- Limited types of payment options
- Withdrawal issues reported by some users
Is CSCI Safe and Legit?
China Securities International (CSCI) is a Hong Kong-based broker, registered in 2001, with over 10 years of operational experience. It offers a variety of trading products including stocks, futures, funds, bonds, and insurance, utilizing multiple platforms such as Dragonfly Gold International and CITIC Construction Investment International Trading Treasure. Leverage and spreads are not explicitly stated, but the broker supports online banking for transactions.
CSCI is regulated by the Securities and Futures Commission (SFC) of Hong Kong, holding a license for dealing in futures contracts (License No. BAU373). As a regulated entity, CSCI is considered safe and legal for trading within its jurisdiction.
In the market, CSCI has garnered mixed reviews. Users generally praise the broker for its swift withdrawal process and user-friendly account setup, although there are concerns about transparency regarding fees. Complaints have been noted, particularly related to withdrawal issues, indicating that while some users find the service reliable, others have faced challenges that could impact their experience positively or negatively.
Is CSCI a Regulated Broker?
What Are the Regulatory Licenses Held by CSCI?
China Securities International (CSCI) is a regulated broker operating in Hong Kong. It holds a license from the Securities and Futures Commission (SFC), which is a mainstream regulatory authority in Hong Kong. This licensing indicates that CSCI operates legally and adheres to the regulatory standards set forth by the SFC, ensuring a level of safety and compliance for its clients. The broker is recognized for its commitment to regulatory oversight, which is an important factor for traders seeking a reliable entity for their trading activities.
| Regulator Abbreviation | Full Name of Regulator | Regulated Company Entity | Regulatory Status | License Number |
|---|---|---|---|---|
| SFC | Securities and Futures Commission | China Securities (International) Brokerage Company Limited | Active | BAU373 |
Client Fund Segregation: Your Ultimate Safeguard
Capital Protection Measures
Client funds at China Securities International (CSCI) are held in independently regulated bank accounts, separate from the broker’s own assets, in compliance with the Securities and Futures Commission (SFC) regulations. This segregation ensures that client assets are protected in the event of financial difficulties faced by the broker.
Investor Compensation
CSCI does not explicitly mention participation in investor compensation funds or insurance schemes under the SFC’s regulatory system. As such, the coverage amount and conditions for potential compensation are not specified, which is an important consideration for clients assessing their risk exposure.
CSCI Withdrawal Review
How to Contact CSCI?
China Securities International (CSCI) has received mixed feedback from users regarding withdrawal issues. Some clients have reported challenges, particularly regarding account safety and required margin payments that hinder withdrawals. Complaints predominantly stem from individual users rather than large-scale patterns, as there are no significant public complaints or regulatory penalties associated with the broker. While some users praise the swift withdrawal process, indicating a generally efficient handling of requests, others have expressed concerns. Overall, CSCI maintains its legitimacy and regulatory compliance, adhering to safety measures as mandated by the SFC.
Frequently Asked Questions
A1: Yes, China Securities International (CSCI) is a legitimate broker regulated by the Securities and Futures Commission (SFC) of Hong Kong. It holds a license for dealing in futures contracts, which ensures it operates legally and adheres to regulatory standards.
A2: CSCI protects client funds by holding them in independently regulated bank accounts, separate from the broker’s own assets, in compliance with SFC regulations. This segregation ensures that client assets are safeguarded in the event of any financial difficulties faced by the broker.
A3: CSCI has received mixed feedback regarding withdrawal issues. Some users appreciate the swift withdrawal process, while others have reported challenges related to account safety and required margin payments that may hinder withdrawals.
A4: You can contact CSCI for support through their live chat or via email at cs@csci.hk. They also have a contact number, +852 3465 5694, for direct inquiries.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.